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Bounce Infinity Raises $20M in Funding from Existing Investors

Electric Vehicles India

Bounce Infinity, an electric scooter and removable battery company, has raised $20 million from existing investors, including Sequoia. Co-founder and CEO of the company, Vivekananda Hallekere, confirmed that the Bangalore-based company has completed its first tranche. Hallekere said it was not in talks to sell the company.

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Urban transport | Two wheels good | The Economist

Tony Karrer Delicious EVdriven

Although such vehicles are more environmentally friendly than their petrol counterparts, there is a greener option that many governments seem to have overlooked: the electric bicycle. Some 800,000 are also sold each year in South East Asia, he says, where they replace the noisy and smelly petrol scooters that are ubiquitous in many places.